Vault-13

LYFT INC LYFT 1.5 05.15.25

NOTE 1.500% 5/1 · US DOMESTIC · CUSIP 55087PAB0

45 institutional holders -5 vs Q1 2024
21,734,00021.7m shares reported held*
$392.6mreported value*
6 new 11 added 13 reduced 11 sold out net sold ≈ $7.7m (+9.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $18.07.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 69Q4 22: 67Q1 23: 61Q2 23: 57Q3 23: 53Q4 23: 52Q1 24: 50Q2 24: 4545Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202269
Q4 202267
Q1 202361
Q2 202357
Q3 202353
Q4 202352
Q1 202450
Q2 202445

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 24 bought or addedQ4 22: 32 cut or sold outQ4 22Q1 23: 31 bought or addedQ1 23: 40 cut or sold outQ2 23: 24 bought or addedQ2 23: 26 cut or sold outQ2 23Q3 23: 18 bought or addedQ3 23: 20 cut or sold outQ4 23: 18 bought or addedQ4 23: 28 cut or sold outQ4 23Q1 24: 20 bought or addedQ1 24: 33 cut or sold outQ2 24: 17 bought or addedQ2 24: 24 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222432
Q1 20233140
Q2 20232426
Q3 20231820
Q4 20231828
Q1 20242033
Q2 20241724

Biggest buyers

AQR Arbitrage LLC New +22,740,000+22.7m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +15,155,000+15.2m
BANK OF AMERICA CORP /DE/ Added +12,023,900+12.0m
LORD, ABBETT & CO. LLC Added +10,002,000+10.0m
CITADEL ADVISORS LLC New +8,872,000+8.9m
Walleye Capital LLC New +7,500,000+7.5m
WOLVERINE ASSET MANAGEMENT LLC Added +6,000,000+6.0m
STEELHEAD PARTNERS LLC Added +5,192,000+5.2m
Empyrean Capital Partners, LP Added +4,000,000+4.0m
CITIGROUP INC Added +3,017,000+3.0m

Biggest sellers

MILLENNIUM MANAGEMENT LLC Sold out -20,517,000-20.5m
FRANKLIN RESOURCES INC Reduced -18,100,000-18.1m
LAZARD ASSET MANAGEMENT LLC Reduced -16,956,000-17.0m
CSS LLC/IL Sold out -10,000,000-10.0m
WELLS FARGO & COMPANY/MN Reduced -9,660,000-9.7m
BNP PARIBAS FINANCIAL MARKETS Reduced -7,530,000-7.5m
D. E. Shaw & Co., Inc. Sold out -4,000,000-4.0m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sold out -3,730,000-3.7m
BlackRock Inc. Sold out -2,965,000-3.0m
OAKTREE CAPITAL MANAGEMENT LP Sold out -2,813,000-2.8m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.59% of their portfolio New York, NY 73,748,00073.7m $71.1m $71.1m 0.59% Unchanged
2 Sculptor Capital LP 0.95% of their portfolio New York, NY 47,500,00047.5m $45.8m $45.8m 0.95% Added +3.0m +3,000,000
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.51% of their portfolio NEW YORK, NY 33,690,00033.7m $32.6m $32.6m 0.51% Added +15.2m +15,155,000
4 STEELHEAD PARTNERS LLC 1.53% of their portfolio SEATTLE, WA 30,520,00030.5m $29.4m $29.4m 1.53% Added +5.2m +5,192,000
5 AQR Arbitrage LLC 0.57% of their portfolio Greenwich, CT 22,740,00022.7m $21.9m $21.9m 0.57% New
6 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 21,404,00021.4m $20.5m $20.5m 0.03% Added +10.0m +10,002,000
7 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 19,314,00019.3m $18.6m $18.6m 0.02% Reduced -17.0m -16,956,000
8 CAPSTONE INVESTMENT ADVISORS, LLC 0.37% of their portfolio NEW YORK, NY 17,500,00017.5m $16.9m $16.9m 0.37% Unchanged
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,308,90012.3m $11.8m $11.8m 0.00% Added +12.0m +12,023,900
10 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 12,269,00012.3m $11.8m $11.8m 0.01% Reduced -7.5m -7,530,000
11 Fort Baker Capital Management LP 1.37% of their portfolio Larkspur, CA 12,000,00012.0m $11.6m $11.6m 1.37% Unchanged
12 Man Group plc 0.03% of their portfolio LONDON, X0 11,677,00011.7m $11.3m $11.3m 0.03% Reduced -816.0k -816,000
13 Empyrean Capital Partners, LP 0.64% of their portfolio LOS ANGELES, CA 11,000,00011.0m $10.6m $10.6m 0.64% Added +4.0m +4,000,000
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,826,0009.8m $9.5m $9.5m 0.00% Reduced -2.6m -2,630,000
15 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 8,872,0008.9m $8.6m $8.6m 0.01% New
16 WOLVERINE ASSET MANAGEMENT LLC 0.15% of their portfolio CHICAGO, IL 8,297,0008.3m $8.0m $8.0m 0.15% Added +6.0m +6,000,000
17 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 8,000,0008.0m $7.7m $7.7m 0.04% Unchanged
18 Walleye Capital LLC 0.08% of their portfolio NEW YORK, NY 7,500,0007.5m $7.2m $7.2m 0.08% New
19 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 7,349,0007.3m $7.1m $7.1m 0.00% Reduced -18.1m -18,100,000
20 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 7,304,0007.3m $7.0m $7.0m 0.01% Added +3.0m +3,017,000
21 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 6,200,0006.2m $6.0m $6.0m 0.00% Reduced -2.0m -2,000,000
22 FMR LLC 0.00% of their portfolio BOSTON, MA 5,092,0005.1m $4.9m $4.9m 0.00% Unchanged
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,003,0003.0m $2.9m $2.9m 0.00% Reduced -1.3m -1,293,000
24 PALISADE CAPITAL MANAGEMENT, LP 0.07% of their portfolio FORT LEE, NJ 2,747,0002.7m $2.6m $2.6m 0.07% Reduced -43.0k -43,000
25 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,627,0001.6m $1.6m $1.6m 0.00% Reduced -988.0k -988,000
26 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 1,250,0001.2m $1.2m $1.2m 0.04% New
27 ADVENT CAPITAL MANAGEMENT /DE/ 0.02% of their portfolio NEW YORK, NY 979,000979.0k $946.1k $946.1k 0.02% Unchanged
28 Cutler Capital Management, LLC 0.32% of their portfolio WORCESTER, MA 845,000845.0k $810.8k $810.8k 0.32% Unchanged
29 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 753,000753.0k $722.5k $722.5k 0.00% Added +28.0k +28,000
30 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 450,000450.0k $433.8k $433.8k 0.00% Unchanged
31 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 414,000414.0k $398.8k $398.8k 0.02% Unchanged
32 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 270,000270.0k $259.1k $259.1k 0.00% Added +20.0k +20,000
33 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 240,000240.0k $231.5k $231.5k 0.01% Unchanged
34 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 222,000222.0k $214.0k $214.0k 0.00% Reduced -9.7m -9,660,000
35 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 210,000210.0k $201.6k $201.6k 0.01% Reduced -10.0k -10,000
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 126,000126.0k $121.0k $121.0k 0.00% Reduced -2.0m -2,000,000
37 Fox Hill Wealth Management 0.04% of their portfolio DEDHAM, MA 70,00070.0k $67.5k $67.5k 0.04% Reduced -2.0k -2,000
38 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 25,00025.0k $24.0k $24.0k 0.00% Added +12.0k +12,000
39 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 20,00020.0k $19.2k $19.2k 0.00% Unchanged
40 COMERICA BANK 0.00% of their portfolio DALLAS, TX 10,00010.0k $9.6k $9.6k 0.00% Unchanged
41 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 3,0003.0k $2.9k $2.9k 0.00% New
42 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,0003.0k $2.9k $2.9k 0.00% Unchanged
43 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,0002.0k $1.9k $1.9k 0.00% Unchanged
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,0002.0k $1.9k $1.9k 0.00% New
45 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged